Egypt’s PALM Raises Pre-Seed to Reinvent Goal-Based Saving for the Masses
Tech Labari | Labari AI - Jul 15, 2025
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  • PALM secured pre-seed funding led by 4DX Ventures, with participation from Plus VC and angel investors.
  • The platform is Egypt’s first goal-based saving tool, rewarding users for consistent saving.
  • PALM aims to tackle the personal finance gap in Egypt by providing smarter saving options.
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PALM's innovative approach to personal finance could significantly impact the savings behavior of Egyptians, especially given the country's substantial wealth in deposits and real estate. By aligning savings with personal milestones and offering tangible rewards, PALM not only addresses a critical gap in financial tools but also promotes a healthier financial culture. The focus on inclusivity and strategic partnerships may further enhance its market position.
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